The S&P 500 Index ($SPX) (SPY) today is down -0.31%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.51%. September E-mini S&P futures (ESU26) are down -0.29%, and September E-mini Nasdaq futures (NQU26) are down -1.47%.
Stock indexes are mostly lower today as a sell-off in South Korean chipmakers weighed on technology stocks and crude oil prices jumped amid renewed US-Iran hostilities. South Korea’s Kospi Index closed down more than -8% today after SK Hynix and Samsung Electronics plunged more than -10% on concerns that the artificial intelligence boom has become overextended. On the positive side, energy producers are moving higher with crude oil prices up sharply.
